Christie’s Hong Kong Jewellery DepartmentRetains Market Leadership in Asiain Offering the Finest Quality Jewellery and Gemstones at Auction

Magnificent Jewels Autumn Auction on 28 November
ACHIEVED HK$498,283,750/ US$64,205,855
87% Sold by Lot | 87% Sold by Value
Hong Kong – On 28 November, Christie’s Magnificent Jewels live auction totalled HK$498,283,750/ US$64,205,855 with solid sell-through rates of 87% by lot and by value, and drew heated participation from buyers in 14 countries. The autumn sale has pushed the annual auction total for the category in Asia to HK$1.15 billion/ U$$148 million, affirming Christie’s continued market leadership in the region in offering the finest jewellery and gemstones at auction.
A noteworthy lot of the sale was lot 1974 - a set of Jadeite, Ruby and Diamond Necklace and Bracelet by Cartier, which sparked a 10-minute competition between two determined bidders on the phone, and eventually sold for HK$8,050,000/ US$1,037,275, 8 times the pre-sale low estimate of HK$1,000,000/ US$128,866.